NAHB economist Carmel Ford has provided an analysis of the association’s latest Cost of Construction Survey on costs related to building single-family homes. This survey of NAHB members shows the average home was built on 20,129 square feet (about a half an acre) of land, had 2,802 square feet of finished space, and sold for an average of $468,318.

View this Eye On Housing blog post for a complete price and cost breakdown.